AyalaLand Logistics Holdings Corp. (ALLHC), a member of the Ayala Group, reported a double-digit increase in earnings last year, driven by robust demand for its industrial parks and real estate logistics development.
ALLHC announced that its net profit for 2024 rose by 10 percent, reaching P701 million, while revenue surged 48 percent to P5.2 billion. Sales of industrial lots, especially in the Laguindingan Technopark in Misamis Oriental, contributed P3.3 billion to total revenue, with P1.8 billion coming from ALHC’s leasing business.
“Our success in 2024 reaffirms the strength of our strategy and our ability to execute across our businesses,” said Robert Lao, president and chief executive officer of ALLHC. “Looking ahead, we remain steadfast in expanding our capacity, broadening our industrial real estate network, and scaling our market presence to support sustainable growth.”
For 2025, ALLHC plans to further expand its existing technoparks and add new sites and facilities for its warehouse leasing and cold storage segments.